On 22 April 2009 Tectonic announced: "Kundip Regional Gold Exploration Recommences"
On 18 June 2009 Tectonic announced: "SIGNIFICANT GOLD & COPPER MINERALISATION FROM RC DRILLING ON
EXPLORATION PROSPECTS"
On the day of this last announcement the share price tripled and then settled down to a doubling of the previous days close and has pretty much remained at that level since. Significantly it was 2 months between announcments.
At Railway they have 4000m of RAB drilling to complete and then they move the rig to Kundip. So assuming that results of Railway are released before they finish drilling the Kundip drill targets you would expect an announcement is at less than 2 months from when they started. Unfortunately for us that means waiting at least another month.
I guess I'll just have to bite my tongue till then lol.
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- Ann: Railway RAB Drilling Program Commences
Ann: Railway RAB Drilling Program Commences , page-16
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